Telangana Chief Minister Revanth Reddy has recently concluded his inaugural investment-oriented trip to the USA, marking a significant milestone in his efforts to boost the state’s economy. During his visit, Reddy held approximately 50 meetings with top tech and business executives, successfully signing Memoranda of Understanding (MOUs) valued at Rs 31,000 crore. These agreements are expected to generate over 30,000 jobs in Telangana, highlighting the trip’s success in attracting substantial investment.

In addition to these formal agreements, Reddy engaged in several roundtable discussions that provided valuable insights into market trends and investment opportunities. This strategic approach allowed him to garner broad support and a comprehensive understanding of the investment landscape, enhancing Telangana’s appeal to international investors.

With his US visit wrapped up, Reddy is now traveling to South Korea to further his investment pursuits. His agenda includes meetings with major automobile manufacturers, including Hyundai, with the aim of securing additional investments in the automotive sector. This next phase of his trip underscores his commitment to diversifying Telangana’s economic base and creating new opportunities for the state.